Positioned on a generous approximately 691sqm corner block, 3 Bower Street, Thornlie presents an outstanding opportunity for investors, developers or buyers looking to secure a property with both immediate rental income and future potential.
Currently tenanted at $730 per week until July 2027, the property offers a secure rental return with a long-term tenant already in place, making this an attractive proposition for those looking to add a solid investment to their portfolio.
Adding further appeal is the property's approved R60 zoning, providing exciting future development potential, subject to the relevant approvals and requirements.
The existing home offers a practical three-bedroom, one-bathroom layout with plenty of scope for a new owner to make the most of the property now while considering its future potential.
Upon entry, the home offers a welcoming formal lounge area with plenty of natural light, creating a comfortable space to relax and unwind.
The functional kitchen overlooks the dining area and provides ample cupboard storage, a gas cooktop and electric oven. Its outlook towards the undercover entertaining area makes it a practical hub for everyday living.
All three bedrooms are generously sized, providing comfortable accommodation for the current occupants.
Outside, the property continues to impress with a spacious undercover entertaining area overlooking the backyard. The generous corner block provides plenty of open space, while the property's layout offers excellent flexibility for additional vehicles, trailers or a caravan.
A single carport with drive-through access provides convenience to the rear of the property, with further access through to the powered workshop/shed, adding valuable storage and workspace.
PROPERTY FEATURES:
• 3 generous bedrooms
• 1 bathroom
• Formal lounge
• Functional kitchen
• Dining/meals area
• Spacious undercover entertaining area
• Large backyard
• Approximately 691sqm corner block
• Single carport with drive-through access
• Rear access
• Powered workshop/shed
• Approved R60 zoning
• Currently tenanted at $730 per week
• Lease in place until July 2027
With its secure rental income, substantial corner block and approved R60 zoning, 3 Bower Street represents an opportunity to secure a property with both immediate investment appeal and exciting future possibilities.
Located close to a range of everyday amenities including local shopping, restaurants, schools, medical facilities, public transport and the Thornlie area’s established infrastructure, this is an opportunity not to be overlooked.
Whether you're looking for a strong investment with a tenant already in place or a property with future development potential, this one deserves your attention.
Disclaimer: All information provided is believed to be reliable; however, prospective purchasers should make their own independent enquiries and satisfy themselves as to the accuracy of all information, including zoning, development potential, dimensions, inclusions, tenancy details and rental information. Development potential is subject to relevant approvals from the appropriate authorities. Photos are for illustration purposes only.
